In a shocking episode that reverberated through the world of cryptocurrency, the WazirX exchange, one of India’s leading platforms, faced a grave security breach that led to the misappropriation of over $230 million in digital assets. The incident, first reported nearly four months ago, recently came back into the spotlight with the arrest of a
Crypto
Bitcoin (BTC) has been on an impressive run lately, achieving new all-time highs seemingly on a daily basis. For investors and enthusiasts watching closely, the critical question lingers: where will Bitcoin’s ascent ultimately come to rest? Analysts are urging the crypto community to shift focus from short-term price speculations to more valuable insights rooted in
Ripple’s native cryptocurrency, XRP, has experienced a tumultuous journey within the crypto market recently. After initially lagging behind in the ongoing market uptrend, it managed to break through and achieve a notable high of $0.74 earlier this week. However, this rally was short-lived, as XRP has since lost steam, mirroring the broader market trends. Despite
The landscape of financial investments is undergoing a paradigm shift, notably highlighted by the remarkable performance of cryptocurrency-related exchange-traded funds (ETFs). As we progress through 2024, these funds have come to dominate investment discussions, accounting for nearly 40% of the top 50 best-performing ETFs launched this year. Such a pronounced presence not only underscores the
Ethereum, once primarily a single-layer blockchain, has been undergoing a significant transformation since 2020—it’s adopting a modular framework. This strategic shift entails delegating critical functions such as execution and data availability to layer-2 networks. While Hack VC, a prominent Web3 venture capital firm, suggests that this shift may initially hinder Ether (ETH) prices, the broader
In the ever-evolving landscape of cryptocurrency, Bitcoin has once again captured the spotlight, not just for its price fluctuations but also for the recent stirring of a long-dormant wallet. A Bitcoin wallet, inactive for over a decade, has evidently awakened, leading to a sudden significant transaction that has piqued the curiosity of crypto enthusiasts and
The cryptocurrency world is often fraught with speculation, fueled by the public statements and interactions of its key players. Recently, discussions between Charles Hoskinson, the founder of Cardano, and Brad Garlinghouse, the CEO of Ripple, have stirred speculation about a possible collaboration between their respective organizations. This newfound camaraderie is intriguing, especially given Hoskinson’s prior
Shibarium has emerged as a focal point in the ongoing narrative surrounding Shiba Inu (SHIB), making headlines for its notable achievements and rising metrics. Launched in August 2023, this layer-2 scaling solution aims to enhance the Shiba Inu ecosystem by lowering transaction costs, increasing transaction speeds, and bolstering overall scalability. As activity on the protocol
On November 12th, the Ethereum Foundation conducted a significant transaction by selling 100 ETH for 334,315.7 DAI. This marked the foundation’s first ETH sale following the release of its financial report for 2024. As the second-largest blockchain in terms of market capitalization, these transactions draw considerable scrutiny from the cryptocurrency community. As an entity that
This past week has been nothing short of astounding for the cryptocurrency arena, with Bitcoin taking center stage in a remarkable performance that has captured the attention of traders and investors alike. The digital currency experienced an unprecedented rally that saw its value soar to a staggering $90,000, marking the first instance of such a